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Investing over the Life Cycle

Andrew Ang

in Asset Management: A Systematic Approach to Factor Investing

Published in print:
2014
Published Online:
August 2014
ISBN:
9780199959327
eISBN:
9780199382323
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199959327.003.0005
Subject:
Economics and Finance, Financial Economics

Labor income is an asset, and for young investors the value of labor income usually dominates the rest of their financial holdings. An investor’s mix of assets changes as her labor income evolves ... More


Estimating the Inequality of Household Incomes

James K. Galbraith

in Inequality and Instability: A Study of the World Economy Just Before the Great Crisis

Published in print:
2012
Published Online:
April 2015
ISBN:
9780199855650
eISBN:
9780190261375
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199855650.003.0004
Subject:
Economics and Finance, Financial Economics

This chapter explores the relationship between measures of inequality based on industrial pay and those based on surveys of income and expenditure. This is important for the economist to construct a ... More


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